Day: November 18, 2023

Annual a16z report spotlights crypto policy 

On Nov. 16, a16z shared the release of its annual State of Crypto Report, which considers the impact of blockchains for policymakers considering the future of emerging technology in the United States. In the report, the venture capital firm emphasizes that good regulation should protect consumers and provide compliance pathways, while showcasing continuous growth for the digital asset class. Regulation remains front and center Highlighting the value of these cryptocurrencies, the report calls out Blockchain analytics firms estimate that it is less than 2% of total crypto activity that is being tied…

Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing

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United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams. In a recent senate hearing, Warren outlined the significant increase in crypto scams being targeted towards elderly citizens of the U.S: “Last year, we saw a 350% increase in crypto investment scams targeting seniors. That is the biggest spike among all age groups. That added up to more than $1 billion that seniors lost in…

Crypto investors diversifying with Ethereum and Everlodge, Cardano may retest $0.30

Crypto analyst predicts Cardano (ADA) will fall by 12% if a sell signal in the daily chart is validated. On the other hand, Ethereum (ETH) is firm, attracting investors. Meanwhile, Everlodge (ELDG), currently in stage 6 of the presale, aims to reshape the $280 trillion real estate industry.  Summary Ethereum may rally above $2,300 Cardano may close 2023 at over $0.37 Everlodge supporters remain bullish Cardano firm but may retrace Cardano is the eighth-largest coin by market cap.  However, a crypto analyst foresees the coin falling by 12% after the TD…

Yearn.Finance’s YFI token skyrockets on upcoming v3 launch news

Yearn.Finance (YFI), a key player in the decentralized finance (defi) sector, has witnessed a remarkable surge of 106.87% over the past week, with a 2.11% increase in the last 24 hours. As of press time, YFI is trading just under $17,800 at a market cap of $506 million. Most growth came shortly before the team behind the project announced significant updates on Nov. 16. In the announcement, the official Yearn.Finance Twitter profile stated that “Yearn v3 launches soon.” Unlike the earlier version where each Vault could only contain one strategy,…

RealOpen launches platform for buying real estate using crypto

RealOpen is live, offering a new solution for buying real estate with crypto. In an exclusive press release shared with crypto.news, the project’s creators said the platform solves major problems for crypto owners looking to buy a home—sidestepping public exchange fees and withdrawal limits, flattening large trade slippage, and eliminating the struggle to find crypto-friendly sellers. This launch, observers note, may present an opportunity for crypto owners keen on venturing into real estate. The real estate sector, despite the evolution over the years, still ranks as one of the most…

Bullish Sentiment Surrounds AVAX Price As Republic Adopts Avalanche Blockchain

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Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). The R/Note is a revenue-sharing digital security that is backed by Republic’s private equity portfolio, which includes over 750 assets. Republic And Avalanche Forge Partnership According to Republic’s announcement, Avalanche was chosen for several key reasons. Firstly, its scalability and speed ensure that Republic Note holders can enjoy seamless and cost-effective transactions.  Notably, Avalanche has established partnerships with renowned…

Top Advocate Casts Doubts On Dream Valuation

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Bill Morgan, an XRP advocate, has recently expressed skepticism regarding the lofty price targets for XRP circulating on social media. While the digital asset community is often rife with bullish predictions, Morgan’s realistic outlook presents a grounded perspective on the potential of XRP’s value. The Parabolic Price Move: A Myth Or Reality? Since the significant ruling in the SEC v. Ripple case on July 23, which brought legal clarity to XRP, the asset has seen an uptick in its trajectory. The ruling led to multiple exchanges relisting XRP and forming…